Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (002443.SZ)

Company Dividend Discount ModelIndustry: SteelSector: Basic Materials

Valuation Snapshot

Stable Growth$1.45 - $1.94$1.70
Multi-Stage$2.78 - $3.05$2.91
Blended Fair Value$2.31
Current Price$7.72
Upside-70.12%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-24.39%-6.63%0.060.060.410.400.320.240.160.100.140.12
YoY Growth--6.00%-86.08%1.21%28.41%28.88%56.05%60.42%-32.02%17.69%1.70%
Dividend Yield--1.01%0.86%6.25%5.19%4.29%4.23%1.92%1.12%1.20%1.18%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)172.18
(-) Cash Dividends Paid (M)110.38
(=) Cash Retained (M)61.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)34.4421.5212.91
Cash Retained (M)61.8061.8061.80
(-) Cash Required (M)-34.44-21.52-12.91
(=) Excess Retained (M)27.3640.2848.88
(/) Shares Outstanding (M)524.23524.23524.23
(=) Excess Retained per Share0.050.080.09
LTM Dividend per Share0.210.210.21
(+) Excess Retained per Share0.050.080.09
(=) Adjusted Dividend0.260.290.30
WACC / Discount Rate9.84%9.84%9.84%
Growth Rate-7.06%-6.06%-5.06%
Fair Value$1.45$1.70$1.94
Upside / Downside-81.28%-78.00%-74.92%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)172.18161.75151.96142.75134.10125.98129.76
Payout Ratio64.11%69.29%74.47%79.64%84.82%90.00%92.50%
Projected Dividends (M)110.38112.07113.15113.69113.75113.38120.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.84%9.84%9.84%
Growth Rate-7.06%-6.06%-5.06%
Year 1 PV (M)100.95102.03103.12
Year 2 PV (M)91.8093.7995.79
Year 3 PV (M)83.0885.7988.56
Year 4 PV (M)74.8778.1481.52
Year 5 PV (M)67.2270.9174.77
PV of Terminal Value (M)1,040.131,097.301,156.96
Equity Value (M)1,458.041,527.971,600.72
Shares Outstanding (M)524.23524.23524.23
Fair Value$2.78$2.91$3.05
Upside / Downside-63.97%-62.24%-60.45%

High-Yield Dividend Screener

« Prev Page 75 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600283.SSQianjiang Water Resources Development Co., Ltd. Class A1.84%$0.1740.35%
600348.SSShan Xi Huayang Group New Energy Co.,Ltd.1.84%$0.1535.88%
601878.SSZheshang Securities Co., Ltd.1.84%$0.2035.18%
603339.SSSquare Technology Group Co.,Ltd1.84%$0.2445.85%
603351.SSNanjing Well Pharmaceutical Group Co.,Ltd.1.84%$0.4843.82%
603637.SSZhenhai Petrochemical Engineering Co. Ltd.1.84%$0.2051.47%
7160.KLPentamaster Corporation Berhad1.84%$0.0796.65%
E28.SIFrencken Group Limited1.84%$0.0328.64%
LATO-B.STInvestment AB Latour (publ)1.84%$4.0954.81%
0GXK.LVBG Group AB (publ)1.83%$7.2642.89%
3402.TToray Industries, Inc.1.83%$18.6947.76%
603726.SSZhejiang Langdi Group Co., Ltd.1.83%$0.4437.76%
AAG.DEAumann AG1.83%$0.2217.47%
CTPNV.ASCTP N.V.1.83%$0.3212.83%
G92.SIChina Aviation Oil (Singapore) Corporation Ltd1.83%$0.0330.20%
002083.SZSunvim Group Co.,Ltd1.82%$0.2263.82%
002393.SZTianjin Lisheng Pharmaceutical Co.,Ltd.1.82%$0.3926.18%
002906.SZForyou Corporation1.82%$0.5639.04%
008040.KSSajodongaone Co.,Ltd1.82%$19.8511.32%
023810.KSINFAC Corporation1.82%$179.9335.31%
4245.TDaiki Axis Co., Ltd.1.82%$12.3669.20%
4568.TDaiichi Sankyo Company, Limited1.82%$60.9238.27%
601956.SSHubei Donper Electromechanical Group Co., Ltd.1.82%$0.1363.00%
6238.TFURYU Corporation1.82%$19.4627.81%
688819.SSTianneng Battery Group Co., Ltd.1.82%$0.6140.50%
7917.TZACROS Corporation1.82%$21.0323.83%
8905.TAEON Mall Co., Ltd.1.82%$50.0279.78%
GAVA.MXAcosta Verde, S.A.B. de C.V.1.82%$3.2514.81%
H13.SIHo Bee Land Limited1.82%$0.0417.64%
RUG.STRugvista Group AB (publ)1.82%$1.2643.10%
SAMART.BKSamart Corporation Public Company Limited1.82%$0.1021.27%
002946.SZNew Hope Dairy Co., Ltd.1.81%$0.3341.97%
0OFP.ILNCC AB (publ)1.81%$3.9924.59%
2040.SRSaudi Ceramic Company1.81%$0.5086.31%
3260.TWOADATA Technology Co., Ltd.1.81%$5.0746.69%
5235SS.KLKLCC Property Holdings Berhad1.81%$0.1638.48%
5321.TWOUnited Recommend International Co., Ltd.1.81%$0.6783.04%
605088.SSGSP Automotive Group Wenzhou Co.,Ltd.1.81%$0.6542.04%
6271.TWTong Hsing Electronic Industries, Ltd.1.81%$2.4332.14%
6754.TAnritsu Corporation1.81%$40.6757.15%
HEBA-B.STHeba Fastighets AB (publ)1.81%$0.5533.11%
VRG.WAVRG S.A.1.81%$0.0922.39%
002552.SZBaoding Technology Co., Ltd.1.80%$0.3061.55%
002811.SZShenzhen Cheng Chung Design Co., Ltd.1.80%$0.2758.86%
0288.HKWH Group Limited1.80%$0.1682.20%
0YSU.LEpiroc AB (publ)1.80%$3.8053.30%
300272.SZCanature Health Technology Co., Ltd.1.80%$0.1382.69%
600461.SSJiangxi Hongcheng Environment Co.,Ltd.1.80%$0.1722.97%
600794.SSZhang Jia Gang Freetrade Science&Technology Group Co.,Ltd.1.80%$0.0799.64%
605099.SSCoCreation Grass Co., Ltd1.80%$0.6440.62%